Call reports 2016
HERITAGE BANK OF COMMERCE — 2016
What HERITAGE BANK OF COMMERCE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 2,326,949,000 | 2,377,620,000 | 2,527,418,000 | 2,570,056,000 |
| Total loans | 1,397,653,000 | 1,468,993,000 | 1,456,917,000 | 1,508,312,000 |
| Allowance for loan losses | 19,458,000 | 19,921,000 | 20,032,000 | 19,089,000 |
| Securities available for sale | 448,540,000 | 390,435,000 | 369,999,000 | 306,589,000 |
| Securities held to maturity | 185,165,000 | 210,170,000 | 202,404,000 | 324,010,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,030,268,000 | 2,075,689,000 | 2,221,167,000 | 2,264,992,000 |
| Interest-bearing deposits | 1,260,211,000 | 1,239,194,000 | 1,329,559,000 | 1,344,954,000 |
| Noninterest-bearing deposits | 770,057,000 | 836,495,000 | 891,608,000 | 920,038,000 |
| Equity capital | 249,743,000 | 254,937,000 | 258,243,000 | 256,174,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 23,120,000 | 46,681,000 | 70,635,000 | 94,822,000 |
| Interest expense | 748,000 | 1,507,000 | 2,333,000 | 3,200,000 |
| Net interest income | 22,372,000 | 45,174,000 | 68,302,000 | 91,622,000 |
| Noninterest income | 2,378,000 | 5,632,000 | 7,864,000 | 10,135,000 |
| Noninterest expense | 14,051,000 | 27,815,000 | 41,454,000 | 55,072,000 |
| Provision for loan losses | 401,000 | 752,000 | 997,000 | 1,237,000 |
| Pretax income | 10,478,000 | 22,766,000 | 34,242,000 | 46,547,000 |
| Income tax | 3,992,000 | 8,623,000 | 12,951,000 | 17,650,000 |
| Net income | 6,486,000 | 14,143,000 | 21,291,000 | 28,897,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 199,952,000 | 204,073,000 | 207,069,000 | 211,364,000 |
| Total capital | 220,150,000 | 224,712,000 | 227,744,000 | 231,069,000 |
| Risk-weighted assets | 1,787,168,000 | 1,845,760,000 | 1,812,204,000 | 1,876,025,000 |